Midland Red (south) Limited payment practices report
PennyFetch rating based on government data:
Good payerCompanies House no. 01556310
This rating is PennyFetch’s own assessment derived from data self-reported by Midland Red (south) Limited to the UK government.
Avg. days to pay
43
UK median: 32
Outside agreed terms
8%
UK average: 24%
Trend
Getting slower
17 reports filed
Payment terms
7 to 60 days
Standard terms
Invoice payment breakdown
How Midland Red (south) Limited compares
Midland Red (south) Limited takes an average of 43 days to pay its suppliers, which is 11 days slower than the UK median of 32 days across 9,336 reporting companies. 8% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (7 to 60 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.
Payment history
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| May 2025 to Nov 2025 | 43 | 8% | 29% | 5% |
| Oct 2024 to May 2025 | 37 | 4% | 32% | 2% |
| Apr 2024 to Oct 2024 | 37 | 4% | 32% | 2% |
| Oct 2023 to Apr 2024 | 34 | 4% | 37% | 2% |
| Apr 2023 to Oct 2023 | 34 | 6% | 47% | 3% |
| Nov 2022 to Apr 2023 | 26 | 5% | 63% | 3% |
| May 2022 to Oct 2022 | 28 | 6% | 63% | 3% |
| Nov 2021 to Apr 2022 | 30 | 4% | 56% | 2% |
| May 2021 to Nov 2021 | 32 | 3% | 51% | 2% |
| Nov 2020 to May 2021 | 37 | 9% | 42% | 7% |
| May 2020 to Nov 2020 | 37 | 13% | 37% | 8% |
| Oct 2019 to May 2020 | 35 | 7% | 46% | 3% |
| Apr 2019 to Oct 2019 | 33 | 3% | 51% | 2% |
| Oct 2018 to Apr 2019 | 31 | 7% | 53% | 3% |
| Apr 2018 to Oct 2018 | 30 | 4% | 53% | 2% |
| Nov 2017 to Apr 2018 | 27 | 4% | 61% | 2% |
| Apr 2017 to Oct 2017 | 30 | 4% | 54% | 3% |
PennyFetch tracks your invoices, sends automatic payment reminders, and calculates statutory interest if anything goes overdue.
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All payment statistics on this page are self-reported by Midland Red (south) Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.
Most recent report filed: Dec 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.
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